|
BIZCHINA> Top Biz News
![]() |
|
China to tighten regulation of loan guarantee service
(Xinhua)
Updated: 2009-02-10 08:07 China will establish a ministry-level joint meeting on the management and supervision of loan guarantee services, according to a circular from the general office of the State Council Monday.
The government ordered local governments to take measures in line with local conditions to ease financing difficulties for small and medium-sized enterprises, the circular said. Many borrowers in China use the services of guarantors, who charge fees for their participation. The meeting will make regulations that cover how loan guarantors are established, how much they can lend and how they will be supervised. The regulations should be submitted to the State Council for approval. The joint meeting is being organized by the China Banking Regulatory Commission, with the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, the People's Bank of China (central bank), the State Administration for Industry and Commerce and the Legislative Affairs Office of the State Council. (For more biz stories, please visit Industries)
|
宁强县| 喜德县| 辽宁省| 大田县| 五莲县| 安福县| 泰州市| 化德县| 阿坝| 白水县| 九龙县| 遂平县| 祁门县| 报价| 岑溪市| 瑞安市| 澳门| 株洲市| 永丰县| 大名县| 美姑县| 锦州市| 剑川县| 孙吴县| 和硕县| 建瓯市| 南郑县| 繁昌县| 晴隆县| 靖宇县| 慈利县| 藁城市| 江陵县| 奇台县| 玉山县| 吐鲁番市| 武汉市| 芷江| 长乐市| 荣昌县| 板桥市|